OnBuy has extended its seller referral scheme to any individual or business in a bid to attract more quality retailers to its marketplace.
The online platform is now allowing new participants to take advantage of the incentive which first launched a few months ago and had been reserved for industry affiliates only.
OnBuy will reward successful referrals with 10% of its revenue from the seller’s sales for the first 12 months.
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The move builds on the recent launch of the marketplace’s cashback initiative, allowing customers to choose whether they spend the cashback accrued instantly or withdraw it to their bank account.
Chief executive Cas Paton said: “We’ve always believed in being fair, and anyone who refers a seller to OnBuy, deserves to be rewarded, especially at a time when the opportunity to earn any extra income, or extra revenue, will be gratefully received.
“Sellers that we acquire because of a referral tend to be of a high standard and we would rather invest in incentivising people to recommend retailers they know and trust, than plough budget into indiscriminate lead-generation or agency fees.”
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